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The UNDP introduces a new guide to assist countries in reducing financial practices that harm biodiversity, addressing a $700 billion annual funding gap to protect ecosystems.

At the COP16 Biodiversity Conference, more than 500 companies and financial institutions committed to nature-related risk reporting under TNFD, advancing global sustainability standards.
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A CDP report reveals a 43% rise in corporate biodiversity data disclosures since 2022. Despite progress, under 10% of companies assess biodiversity dependencies, posing financial risks.

Snam launches its first transition plan to achieve net zero by 2050, committing €26 billion for sustainable investments and enhancing biodiversity while reducing carbon and methane emissions.